Chinese Online Grocer Dingdong apologises for the food safety issue
Dingdong (Cayman) Ltd, one of the most popular Chinese online grocers, apologised for its food safety issue after being accused of selling expired products.
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Chinese tech stocks rise sharply after a record-breaking drop since 2008
The drop pushed the prices to a record low since the 2008 financial crisis. However, the stocks began a strong rebound from Wednesday (16 March) onwards. What has happened during this roller-coaster ride, and more importantly, where would all these
What led to the flash crash in China Concepts Stock?
In the past 15 months, China Concepts Stock’s market value has plummeted by nearly 10 trillion yuan ($1.37 trillion), which is equal to 10% of China’s GDP (the world’s second-largest economy). All Chinese stocks have nearly halved in value. Share
Alibaba’s former vice president joins DingTalk as COO
Ku Wei, former VP of Ali Group, has been appointed as the COO of DingTalk, an Alibaba-backed all-in-one workplace mobile platform.
Reeling from layoff wave at China’s Big Tech companies, what’s next?
Recently, news of a layoff wave at Alibaba and Tencent landed on micro-blogging platform Weibo’s hot search list.
POP MART is revealed to overhype its mystery toy boxes
On March 16th, POP MART was revealed to overhype its mystery toy boxes during the CCTV 315 Gala.